Wednesday, April 21, 2010

Tax Day

Mid-April is not only the deadline to submit your tax paperwork to the IRS, it represents the point in the year in which the average American has to work year-to-date to satisfy their tax obligations.

I emphasize the word "average", because the terminology obscures some facts. 47% of the populace either pays no tax or actually receives payments during tax season (not rebates, but a payment). That means there are a lot of people who work long past April to pay their taxes. Democrats refer to tax-payers as "the wealthy".

By the way, growing these giveaways does not constitute a "tax cut" as it simply requires heavier obligations from those who actually pay. What the administrations calls "cuts" are simply accelerated redistributions.

What's wrong with that?

Well, to some degree, nothing. But it has a logical limit, and it seems our politicians are going to the well too much. How do I know? Jobs.

The "wealthy" are largely business-owners and job-creators. When the government becomes too big of a pig at their trough, these business-owners find more favorable environments and ways of structuring their business. That's why it's possible for the stock market to rise while job opportunities shrink.

The early liberals such as Thomas Jefferson and George Mason firmly believed that people should tell the government how to spend its' budget. The modern liberals - radicals, actually - feel government should tell people how to spend their dollars.

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